Financials

Citigroup Inc said late on Friday that outgoing Chief Executive Officer Mike Corbat's compensation for 2020 would be $19 million, a 21% decrease from 2019, according to a regulatory filing.

Twitter Inc Chief Executive Jack Dorsey said Wednesday the company is exploring allowing its users to receive tips, or digital payments, from their followers.

FOX Business anchor Larry Kudrow slammed New York on Wednesday for proposing a “phony policy” that could cause the NYSE to leave for another state with better tax incentives.

Wells Fargo announced equity investments in six African American Minority Depository Institutions as part of its $50 million commitment last year to support economic growth in Black communities. 

Investors who feel wronged by Robinhood Markets Inc.’s decision to restrict trading in some securities could take revenge.

PayPal's processed payments in the latest quarter rose 39% to $277.1 billion, with an additional 16 million net new active customers

Behind GameStop's stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming.

Charles Schwab CEO suggests its in the big leagues, Robinhood not just yet.

Financial regulators are expected to emphasize racial equity as they focus on consumer protection and expanding access to financial services.

Wells Fargo Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 12%, in 2020, a regulatory filing showed on Friday.

Robinhood stopped customers from buying a number of shares on Thursday due to large amounts of trading in those stocks, according to the company's blog post

New York Attorney General Letitia James announced she is looking into recent activity on Robinhood after the trading platform restricted trading of certain securities Thursday, resulting in multiple lawsuits against the company. 

The bank will withhold $174 million in compensation from current & former execs

The world’s 20 best-performing hedge funds earned $63.5 billion for clients in 2020, setting a record for the last 10 years during a chaotic time when technology oriented stocks led a dramatic rebound from a pandemic induced sell-off, LCH Investments data show.

86 licenses were aproved n nine of the state's 15 counties under provisions of the marijuana legalization measure

Morgan Stanley Chief Executive James Gorman's annual pay rose by $6 million in 2020, according to a regulatory filing released on Friday. Gorman will receive $33 million for his work last year, compared with $27 million in 2019, the bank said.

President Biden's pick to lead the Energy Department, Jennifer Granholm, has disclosed millions of dollars in stock options across a broad spectrum of businesses.

A state credit union that will provide checking, wire transfers and other banking services for more marijuana companies

Congressional action on a second coronavirus-relief package and the development of vaccines to treat the deadly disease enabled the lender to free $2.9 billion in loan reserves

JPMorgan, Wells Fargo and Citigroup report earnings on Friday.